4imprint Share Discussion Threads

[opener] 30/4/2013 17:34

IMS due? USA going well?

[tommy ten chins] 22/4/2013 13:15

bought a small slice, 475p, good fundermentals still, even after recent rise.

[philo124] 08/4/2013 15:57

Sold today, good profit. GLA.

[zipstuck] 11/3/2013 16:20

Looks about right on 15.5 PE- Just a divi stock now with long term value after recent hike

[yf23_1] 08/3/2013 12:51

Quite a lot to wade through in the results.
Underlying EPS 28p and a positive outlook with 135,000 new customers.
Reduced liabilty in defined benefits pension.
ROCE for direct marketing of 117% !
They appear to have got last years rveenue costs wrong in the table.

Anyway, someone likes the outlook, the shares are flying.

Major ShareholdersShareholder Amount % Holding
Aberforth Partners LLP 3,733,836 14.20
SVG Investment Management Ltd 3,036,682 11.55
Artemis investment management ltd 2,874,512 10.93
Kenneth Minton 1,718,010 6.53
Ennismore Fund Mgmt Ltd - 1,405,790 5.35
Legal & General Inv Mgmt Ltd 1,054,688 4.01

[philo124] 07/3/2013 14:44

Edison Note. Sorry busy at moment, will post more later.

[penpont] 07/3/2013 14:06

Wonder if WHI released a new note? That's a pretty big target increase so I'd like to know what's behind it - got to have raised the forecasts surely, and by quite a bit.

In any case, someone's obviously keen.....

[philo124] 06/3/2013 14:59

Thanks missed this as i was travelling yesterday.

[penpont] 06/3/2013 13:41

4imprint Group: WH Ireland raises target price from 375p to 480p maintaining a buy recommendation.

[philo124] 25/1/2013 17:02

Bought in, modestly.

[shauney2] 25/1/2013 10:53

A positive note from Edison on the back of the trading update.

[snadgey] 18/10/2012 21:07

IMS announcement for 7th Nov.

Major price movement after close today trade at 16:30 £3.40, at 16:32 £3.52 then at 16:34 £3.57

[bonzo] 18/10/2012 16:59

What happened??!!

[trademap] 22/8/2012 19:42

260p looks a good entry level if it heads back down there.

[calahan] 22/8/2012 15:04

Sold out my last batch of these this morning after holding around 7k at one point. I have faith that the management can continue to deliver good growth and profits for the company, but sadly I have no faith that the share price will ever reflect the true value here. Which I believe to be somewhere well north of 300p.

And my fears are that it might only take one 'less than positive' set of results or trading statement for the share price to return to the sub 240p levels again (or lower). Meaning FOUR will get punished for the (hypothetical) bad times, but without ever having been rewarded for the good times. So I promised myself I'd sell up if these ever got close to the 300p barrier again, after having missed out twice in the past due to hesitation (June 2011 and Mar 2012. The latter was a huge 2 day spike that just screamed out to be top-sliced. Oh well, hopefully a lesson learnt)

Best of luck to all holders, as I would like to see those with more patience than me rewarded by FOUR one day reaching the fabled Utopia that exists in the region of a 350p share price. I held for 2+ years at an average of around 245p, so I have no complaints overall. And if FOUR's story remains the same then I'll be happy to buy back in should the share price return to the silly sub 250p levels again.

Good luck all, IMO, DYOR etc.

[deadly] 05/5/2012 19:50

7% fall yesterday and no comment!
A buying chance?

StockMarketWire.com:

"Another group of shareholders have registered disapproval at the pay and bonuses of the directors. Nearly 25% of them voted against the remuneration proposals for directors at today's AGM"

Also 12% voted against re-election of Ian Brindle as Director

[redips2] 03/5/2012 12:25

TIDMFOUR

RNS Number : 6576C

4imprint Group PLC

03 May 2012

3 May 2012

4imprint Group plc

AGM and Interim Management Statement

4imprint Group plc, the international promotional products Group, is today holding its Annual General Meeting and providing an interim management statement for the period from 1 January 2012 to 2 May 2012, incorporating information relating to the performance of the business for the period from 1 January 2012 to 31 March 2012.

Group revenue for the quarter from continuing operations was GBP37.48m, 15% ahead of prior year.

4imprint Direct Marketing

Revenue in 4imprint Direct Marketing for the first quarter was GBP33.98m, 15% ahead of prior year. North American revenue in quarter one was US$51.05m, 14% ahead of prior year. The average USD exchange rate in the quarter was $1.57 (2011:$1.60).

In North America, orders from previously acquired customers increased by 21% over prior year as repurchase rates remained consistent with those achieved in the prior year. New customer acquisition was also consistent with marketing activity and prior year yield. Over 30,500 new customers were acquired during the quarter. The UK Direct Marketing operation showed positive progress with sales 6% ahead of the prior year period.

SPS

Total revenue in SPS was GBP3.83m, 10% ahead of the first quarter of the prior year. Orders for both manufactured and purchased products showed the benefit of more focused sales and marketing activity.

Brand Addition sale

The conditions relating to the sale of Brand Addition were met in March and completion took place on 23 March 2012. Initial gross consideration of GBP21.49m, after adjusting for the estimated value of working capital and net cash in the business at the date of sale, was received. An unconditional, deferred payment of GBP1.25m is due for receipt in March 2013.

GBP11.4m of the sale proceeds received were transferred to the legacy pension fund on 2 April 2012. This amount will initially be held in cash, whilst the Company and the Trustee investigate pension risk reduction options.

Board

In accordance with best practice, all directors are proposed annually for re-election. During 2012, both Ian Brindle and Nick Temple will have served for nine years and they will retire from the Board during the coming months. An appointment process for two new Non-Executive Directors is well advanced.

Outlook

The positive momentum demonstrated by the business over the course of last year has continued into 2012 and, subject to continued stable economic conditions in US, the Board anticipates further organic growth in line with its goal of doubling the Direct Marketing business over the next five years.

For further information please contact:

John Poulter, Chairman

Gillian Davies, Group Finance Director

Tel: + 44 (0) 20 7299 7201

About 4imprint Group plc

4imprint Group plc is a UK listed promotional products Group with two operations: 4imprint Direct Marketing and SPS.

4imprint Direct Marketing supplies an extensive range of promotional products and branded apparel to a wide variety of businesses and organisations throughout the USA, Canada, UK and Ireland.

SPS supplies promotional and advertising products to distributors within the promotional products industry who then sell these products on to end users.

This information is provided by RNS

The company news service from the London Stock Exchange

END

IMSGCGDUXBGBGDX

[grigor] 27/3/2012 00:31

Back to £6-5 in 2 years

[battlebus2] 26/3/2012 17:44

Good luck to all holders as i sold out today when i got my £3 target thanks to the midas recommendation yesterday and todays subsequent bounce.

[grigor] 25/3/2012 13:37

MIDAS UPDATE: 4imprint makes T-shirts with profit written all over them

[cambium] 23/3/2012 13:00

Further to the announcement on 16 February 2012 in respect of the proposed sale of Brand Addition Limited (together with its subsidiaries) and Kreyer Promotion Service GmbH (together "Brand Addition") to H.I.G Milan UK Bidco Limited and B270 Vermogensverwaktung GmbH and the subsequent approval of the sale by Shareholders on 14 March 2012, 4imprint Group plc ("4imprint") now confirms that all of the pre-completion conditions, as set out in a circular to Shareholders dated 20 February 2012, have been satisfied.

Consequently, 4imprint is pleased to announce that it has today completed the sale of Brand Addition for an aggregate consideration of GBP24.00 million (on a cash and debt free basis, and with a normalised level of working capital).

[jbarker5555] 21/3/2012 22:03

Here`s my interpretation of current and future estimated earnings at £2.83 share price.

Year EPS PEG DPS
Current 21.15 n/a 14p
2012E 23.1 1.45 15.33p
2013E 28.7 0.51 16.1p

Currently TDW estimate PEG and P/E are in line with the sector although divi is higher.
Divi at nearly 5% should (I repeat should ;) ) proved good share price support when coupled with the 2013 potential growth IMO.

£5m cash but does have pension deficit (although there are many companies running pension deficits)

Director options at £3.00 (I think) so obviously the board see some upside and some director buys.

Personally I think the high 2012 PEG and being in line with the sector would make them a sell and buy back in six months time, but the divi, future growth, restructuring and board interest makes me feel like holding to see how the news flow goes over the next year.

Not sure how I`ll feel if it drops back to 2quid this summer though, and all IMO!
O/T Apprentice was interesting, wonder how those lot would get on managing a portfolio of shares. :)

[napoleon 14th] 21/3/2012 19:26

Looks OK. I was very dubious for a while but imo future growth looks good,
so I've stayed in tho' it's not done much in the last year...
(I got some @ 235p)

[battlebus2] 20/3/2012 13:51

Great volume of buys and guess what £3 to buy, lets hope it continues very near my sell point.